NYSE$RDN
Radian Group Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Net income and revenues decreased while primary mortgage insurance in force and book value per share increased.
Radian Group Inc. reported a solid first quarter in 2023, marked by a 10% increase in book value per share and a 5% rise in primary mortgage insurance in force, although net income decreased to $158 million from $181 million in the same period last year.
- Primary mortgage insurance in force increased 5% year-over-year to $261.5 billion.
- Total revenues increased 6% year-over-year to $311 million.
- Total holding company liquidity grew to $1.2 billion.
- GAAP net income was $158 million, or $0.98 per diluted share.
Headline financials
Revenue & EPS history
Radian · Revenue · Quarterly
$311M
Revenue by segment
Radian · $289M total across 1 segment · Q3 2023
- Mortgage Insurance$289M+2.7%100.0%
Forward guidance
Radian Guaranty anticipates paying between $200 million and $300 million in additional ordinary dividends to Radian Group during the remainder of 2023, based on current performance expectations.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+0.0%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+0.8%
Avg return
30 days after
48%
31 / 65 earnings
Positive
+19.2%
Q2 2011
Best reaction
-18.8%
Q3 2010
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.0% | -2.6% | -10.2% | |
| Q4 2025 | +1.6% | +6.3% | +0.5% | |
| Q3 2025 | -0.7% | +3.0% | +1.2% | |
| Q1 2025 | +1.9% | +5.1% | +6.9% | |
| Q4 2024 | -1.8% | -4.8% | -6.3% | |
| Q3 2024 | +4.6% | +5.8% | +7.0% | |
| Q2 2024 | -4.2% | -8.7% | -2.7% | |
| Q1 2024 | +2.9% | +4.8% | +4.6% | |
| Q4 2023 | -4.5% | -2.1% | +3.2% | |
| Q3 2023 | +4.6% | +6.6% | +1.9% | |
| Q2 2023 | +2.0% | +4.0% | +1.1% | |
| Q1 2023 | +2.1% | +5.9% | +11.3% | |
| Q4 2022 | -1.7% | -1.1% | -5.4% | |
| Q3 2022 | -1.7% | -0.8% | -8.8% | |
| Q2 2022 | +0.8% | +0.0% | -5.6% | |
| Q1 2022 | +3.9% | +0.1% | -1.2% | |
| Q4 2021 | +2.1% | +2.4% | -2.4% | |
| Q3 2021 | -7.6% | -6.8% | -14.0% | |
| Q2 2021 | -2.1% | +2.5% | +4.3% | |
| Q1 2021 | -4.8% | -4.5% | -7.3% | |
| Q4 2020 | -1.2% | -1.0% | +6.9% | |
| Q3 2020 | -5.1% | -2.6% | +5.7% | |
| Q2 2020 | +3.8% | +4.7% | +5.1% | |
| Q1 2020 | +8.8% | +6.0% | +31.4% | |
| Q4 2019 | -1.1% | -3.0% | -11.7% | |
| Q3 2019 | +1.0% | +1.0% | +4.0% | |
| Q2 2019 | -3.4% | -7.0% | -3.8% | |
| Q1 2019 | +1.6% | +2.4% | -3.7% | |
| Q4 2018 | -1.2% | +1.3% | +2.9% | |
| Q3 2018 | +5.3% | +3.8% | +0.3% | |
| Q2 2018 | +4.8% | +8.2% | +15.0% | |
| Q1 2018 | -0.6% | +3.5% | +7.6% | |
| Q4 2017 | +1.7% | -2.0% | -6.3% | |
| Q3 2017 | +4.4% | +3.3% | +3.0% | |
| Q2 2017 | +1.5% | +0.9% | +0.5% | |
| Q1 2017 | -12.7% | -14.3% | -14.4% | |
| Q4 2016 | -1.7% | -0.3% | +1.0% | |
| Q3 2016 | -4.5% | -7.8% | +1.3% | |
| Q2 2016 | +4.6% | +1.5% | +10.3% | |
| Q1 2016 | +3.8% | — | — | |
| Q4 2015 | +3.1% | — | — | |
| Q3 2015 | -11.5% | — | — | |
| Q2 2015 | -1.0% | — | — | |
| Q1 2015 | -2.7% | — | — | |
| Q4 2014 | -3.6% | — | — | |
| Q3 2014 | +8.8% | — | — | |
| Q2 2014 | +5.3% | — | — | |
| Q1 2014 | +3.7% | — | — | |
| Q4 2013 | +6.1% | — | — | |
| Q3 2013 | -10.5% | — | — | |
| Q2 2013 | +1.7% | — | — | |
| Q1 2013 | -0.5% | — | — | |
| Q4 2012 | +2.7% | — | — | |
| Q3 2012 | +14.7% | — | — | |
| Q2 2012 | +4.7% | — | — | |
| Q1 2012 | +0.0% | — | — | |
| Q4 2011 | -1.9% | — | — | |
| Q4 2009 | -1.9% | — | — | |
| Q3 2011 | -18.8% | — | — | |
| Q3 2010 | -18.8% | — | — | |
| Q2 2011 | +19.2% | — | — | |
| Q2 2010 | -0.2% | — | — | |
| Q1 2010 | -0.2% | — | — | |
| Q4 2010 | -0.2% | — | — | |
| Q1 2011 | -0.2% | — | — |
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